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What is blockchain and what can it do?

  • Blockchain is a distributed ledger that allows for more transparent and verifiable record keeping.
  • Although associated mostly with money and finance, it can be used widely.
  • There are still many barriers to its widespread adoption, including confidence and regulation.

Every time you make an electronic payment, whether from your mobile, online, or with a card, that transaction passes through multiple systems. Each of them plays a role in processing that payment and forms part of the sequence of checks and balances that exist between payer and payee.

Continue reading: https://www.weforum.org/agenda/2021/04/what-is-blockchain/

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